Companhia Energetica de Minas Gerais-CEMIG 2019 IR
The report highlights Cemig's significant progress in 2019, including an 84% increase in net income to R$ 3,127 million and a 15.7% growth in EBITDA. The company successfully reduced its financial leverage to 3.08 and deactivated its last fuel-oil-powered plant, transitioning to 100% renewable energy generation. Cemig was recognized for its sustainability efforts by being included in the Dow Jones Sustainability World Index for the 20th consecutive year and the B3 Corporate Sustainability Index for the 15th consecutive year. Additionally, the company launched Cemig SIM to expand its footprint in the distributed solar generation market.
Company: Companhia Energetica de Minas Gerais-CEMIG
Sector: Energy utilities
Country: Brazil
Year: 2019
Type: IR
Pages: 317
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Companhia Energetica de Minas Gerais-CEMIG
Annual And Sustainability Report
The report highlights Cemig's significant progress in 2019, including an 84% increase in net income to R$ 3,127 million and a 15.7% growth in EBITDA. The company successfully reduced its financial leverage to 3.08 and deactivated its last fuel-oil-powered plant, transitioning to 100% renewable energy generation. Cemig was recognized for its sustainability efforts by being included in the Dow Jones Sustainability World Index for the 20th consecutive year and the B3 Corporate Sustainability Index for the 15th consecutive year. Additionally, the company launched Cemig SIM to expand its footprint in the distributed solar generation market.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Employees